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In 2024, about 25% of U.S. households are living paycheck to paycheck with no financial cushion, according to Bank of America.At the same time, the average IRS refund for 2023 tax returns was ...
Here's the bitter truth: Americans receiving large tax refunds would be better off getting a far smaller check from the IRS, experts say. "Everyone loves a tax refund, even me," Janet Holtzblatt ...
Two out of three taxpayers will receive a 2023 tax refund, IRS says. Average filer will get $3,011, $123 more than last year. ... it clocked in at a very large $688 billion," a statement from the ...
The average refund amount was $1,395 as of Feb. 2, down 28.9% from $1,963 for the same period last year, the IRS reported. That’s based on nearly 2.6 million refunds disbursed so far versus 7.9 ...
More than half of poll respondents (52.24%) expected their tax refund to be about the same as last year. Nearly half (29.65%) expected to receive less this year. Only 18% expected a larger federal ...
Tax refunds for the 2020 tax year, paid in 2021, were significantly above average. But it may be a different story this time around. Why the IRS issued double the refunds in 2021 — and why it ...
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